---
schema_version: "secwatch.filing_event.v1"
accession: "0001820953-21-000115"
form_type: "8-K"
ticker: "AFRM"
cik: "0001820953"
company_name: "Affirm Holdings, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:11:52.736394+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Affirm Q1 FY22 GMV $2.7B (+84% YoY); raises FY guidance; expands Amazon deal

## Summary
- GMV $2.7B (+84%), revenue $269.4M (+55%), net loss $306.6M includes stock-based comp.
- Active consumers 8.7M (+124% YoY), active merchants 102,000 (from 6,500), transactions per active consumer 2.3.
- Exceeded Q1 financial outlook; raised full-year guidance for GMV, revenue, and RLTC.
- Completed $247M securitization of 0% APR point-of-sale installment loans.
- Expanded Amazon relationship: exclusive non-card BNPL until Jan 2023; Amazon gets warrants for 22M shares vesting over time.

## SEC filing metadata
- accession: 0001820953-21-000115
- form_type: 8-K
- ticker: AFRM
- cik: 0001820953
- company_name: Affirm Holdings, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820953/000182095321000115/0001820953-21-000115-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820953/000182095321000115/afrm-20211110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001820953-21-000115
- JSON: https://secwatch.observer/filing/0001820953-21-000115.json
- Plain text: https://secwatch.observer/filing/0001820953-21-000115.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.